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NLB Shareholders to Decide New Recapitalisation

Ljubljana, 12 November - The shareholders of Slovenia's top bank NLB will meet on 14 December to sanction a new capital injection of up to EUR 80m in exchange for contingent convertible bonds. The meeting is also expected to endorse the issuance of EUR 1.9m-worth of new shares to be bought by the state-run KAD and SOD funds.

NLB shareholders' meeting to decide about a new recapitalisation in December.
Photo: Tina Kosec/STA

NLB shareholders to decide on a new recapitalisation in December.
Photo:Domen Grögl/STA

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© STA, 2012